How Trump’s Intel deal could impact Ireland’s €30bn Leixlip semiconductor investment

Intel’s Leixlip hub is central to both Europe’s chip ambitions and the company’s survival, but US ownership raises uncertainty

The Intel plant in Collinstown Industrial Park, Leixlip, Co. Kildare. Picture Colin Keegan, Collins Dublin.

The US Government's plan to take a 10% stake in Intel poses big questions for the future of the embattled chipmaker and its global operations.

Having largely missed out on the recent boom in chips to power AI, the California-based giant is struggling to catch up with rivals Nvidia and Taiwan Semiconductor Manufacturing Company (TSMC), which have both benefited from the soaring demand for generative AI.